GVK Group will bid to manage the second airport--Navi Mumbai Airport as economic growth spurs travel demand as Domestic air traffic may surge fourfold to 180 million passengers annually by 2020,
The government gave ‘in-principle’ approval to the Navi Mumbai Airport in July 2007, according to the Ministry of Civil Aviation’s (MoCA’s) website.
GVK Group to bid for Navi Mumbai Airport
CSIA— 37 per cent owned by GVK — has the right of first refusal on the airport, under the terms of a deal signed when it took over the existing airfield in 2006